EURUSD Chart 5

EURUSD - Intermediate &
Long Term Bullish

EURUSD - Intermediate & long term Bullish by DanV on TradingView.com

5 December 2012

Updates and comments

In the current cycle of the low from 1.2660, we are in very bullish formation and at inflection point of previous resistance. On the break of that to the upside supported by breakout on the RSI after coiling suggest EURUSD could soon challenge 1.33 - 1.34 area. It appears to be in extended 3rd wave of the current cycle.

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